Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    CoreWeave Revives Acquisition Talks with Core Scientific

    Coinbase to Launch US Perpetual Futures on July 21

    Coinbase Launches US Perpetual Futures in July

    India Considers Creating Strategic Bitcoin Reserve, Officials Propose

    US Initiates Strategic Bitcoin Reserve Policy via Executive Order

    U.S. Government to Accumulate Bitcoin for Strategic Reserve

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    US Court Rejects SEC, Ripple’s $125M Settlement Bid

    Joseph Lubin Proposes Ethereum-based Leverage Strategy for SharpLink

    Whale Accumulation Propels Pepe Coin Potential Price Surge

    Ripple’s Court Setback Causes XRP Price Dip

    Ethereum Approaches Golden Cross, Analyst Eyeing $3,000 Price Target

    Judge Rejects Ripple-SEC Joint Motion in XRP Case

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

North Korean Hackers are Moving Target from Cryptocurrency Exchanges to Individual Investors

Joshua T. by Joshua T.
December 4, 2018
in Latest News
crypto exchange hacks

The perchance North Korea has for cryptocurrency has so far been described as inappropriate or excessive by some, as a recent report shows that there are several criminal activities that go on in the country for this reason. Some have even gone as far as connecting the country’s government with several crypto exchange hacks this year.

Crypto Exchange Hacks

A recent report made it known that the top five crypto exchange hacks this year, were carried out by a North Korea-based hacker consortium called Lazarus. The infamous $500 million CoinCheck breach is among the five reported crypto exchange hacks.
The hackers according to a cybersecurity firm called Group-IB, used malware, social engineering and phishing to gain access to relevant access points and databases. More report suggests that Lazarus’ new targets are retail cryptocurrency consumers, which includes the common man that would not normally be a target for these kind of hackers.

Kwon Seok-Chul who is the CEO of Cuvepia, a cybersecurity organization which is based in South Korea has come out to say that since April 2018, about 30 different attracts on regular crypto wallet holders have been recorded by his firm. He also said that the 30 cases he mentioned were just a little compared to the actual amount which could be up to 100. He went on to describe this form of attack as “Robin hood-inspired.”

Simon Choi who belongs to a self-acclaimed cyber warfare research group called IssueMakersLabs, has also recently spoken about this menace, saying that bitcoin hackers have changed their strategy in carrying out their acts.

A major reason for this is because these crypto exchanges have started tightening up their defences. A good example can be seen with Binance who moved a large portion of the Ethereum-based tokens in its possession just recently, to a more secure wallet.

Simon Choi in his statement, also suggested that South Korean CEOs are also the likely targets of these hackers, as these CEOs own crypto coins like Bitcoins in billions of won.

Report from a recent publication suggests that Lazarus has given up on crypto exchange hacks and decided to focus on their new strategy.

Tags: crypto exchange hacksNorth Korean
Previous Post

New Russia-Based Classified Website Allows Buying and Selling of Products and Services Using Crypto

Next Post

Joseph Lubin Says Ethereum Adoption is Growing Rapidly despite the Falling in Price

Joshua T.

Joshua T.

Related Posts

Senate to Unveil CLARITY Act Draft by August Recess

by Solomon M.
June 26, 2025

Senate prepares to introduce the CLARITY Act draft, led by Senator Cynthia Lummis, before the August recess.

Hong Kong’s New Stablecoin Policy Unveiled

by Solomon M.
June 26, 2025

Hong Kong unveils policies for stablecoin regulation starting August 2025, impacting crypto markets.

Bit Digital Shifts Focus to Ethereum Staking

by Solomon M.
June 26, 2025

Bit Digital transitions from Bitcoin mining to focus exclusively on Ethereum staking and treasury management.

ASIC Investigates ASX After Blockchain Project Failure

by Solomon M.
June 26, 2025

ASIC probes ASX's abandoned blockchain project, examining possible failures in frameworks and practices.

AIXA Miner Launches Mobile Crypto Mining App

by Solomon M.
June 26, 2025

AIXA Miner's mobile app enables BTC, ETH, DOGE mining, offering AI-optimized earnings.

Bank of Russia Proposes Controlled Crypto Integration Plan

by Solomon M.
June 26, 2025

Bank of Russia submits plan to State Duma for phased crypto integration with focus on qualified investors and institutional structures.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.